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The Sustainability Accounting Standards Board (SASB) is a pivotal organisation headquartered in the United Kingdom, dedicated to enhancing the transparency of sustainability-related information in financial markets. Founded in 2011, SASB has established itself as a leader in the development of industry-specific sustainability accounting standards, which are designed to help businesses disclose relevant environmental, social, and governance (ESG) data. SASB's core offerings include a comprehensive set of standards tailored to 77 industries, enabling companies to communicate their sustainability performance effectively. These standards are unique in their focus on financially material issues, making them invaluable for investors seeking to assess long-term value. With a strong market position, SASB has garnered recognition for its role in shaping sustainable business practices and influencing investment decisions globally.
How does Sasb Standards's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Sasb Standards's score of 20 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sasb Standards reported carbon emissions of approximately 214,000,000 kg CO2e, exclusively from Scope 1 emissions. This data is cascaded from the Sustainability Accounting Standards Board, reflecting the organisation's commitment to transparency in environmental impact reporting. Currently, there are no disclosed reduction targets or climate pledges, indicating a potential area for future commitment. The absence of Scope 2 and Scope 3 emissions data suggests that Sasb Standards may be focusing primarily on direct emissions at this stage. As a current subsidiary of the Sustainability Accounting Standards Board, Sasb Standards aligns with industry standards for climate accountability, although specific reduction initiatives or targets have not been established. This context highlights the importance of ongoing efforts in carbon management and the need for comprehensive climate strategies moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2023 | |
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Scope 1 | 214,000,000 |
Scope 2 | - |
Scope 3 | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sasb Standards is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.